Two Arizona Center, Phoenix, AZ 85004 - Office Space
Two Arizona Center is located at 400 North 5th Street in the Downtown Phoenix neighborhood, AZ, Phoenix, 85004. The Class A Office building was completed in 1989 and features a total of 512,852 Sqft.
There are 296 office spaces for lease in the Downtown Phoenix neighborhood, totaling 2,936,434 Sqft of available office space. The office space availability for the 85004 zip code is 3,633,144 Sqft, in 423 office spaces. The average asking office rent per sq. ft. in Downtown Phoenix is $21.47/sqft/year. For Class A office buildings the average office rate is $24.51/sqft/year, for Class B office buildings the average office rate is $16.25/sqft/year, for Class C office buildings the average office rate is $19/sqft/year.
In Downtown Phoenix, there are 16 class A office buildings. In Downtown Phoenix, there are a total of 5 LEED certified office buildings. In 1989, the same year Two Arizona Center was built, 180 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Phoenix, featuring 4,999,159 square feet of commercial space. At zip code level, there are 40 commercial properties, of which 37 are office buildings over 50,000 square feet.